date:Aug 07, 2018
agricultural product. Since 1971 the price of sugar has traded from lows of 2.29 cents to highs of 66 cents per pound.
A bear market since October 2016
In August 2015 the price of nearby sugar futures on the ICE Exchange traded to lows of 10.13 cents per pound under the weight of oversupply of the sweet commodity. Sugar made a low at a time when many other raw material prices were falling. At the end of 2015 and in early 2016, many commodities prices found significant bottoms, but sugar was on